E commerce and its models
WHAT IS E-commerce?
E-commerce is known as electronic commerce or internet commerce , refers to the buying and selling of goods or services using the internet , and the transfer of money and data to execute these transactions.
E-commerce is all about accessibility, we can access it by using mobile phone , computers and other devices by using internet.
A survey shows that customers use more mobile phones for online shopping other then any devices.
MODELS OF E-commerce :
There are four models of E-commerce
1. B2C: Business to Consumer _ Any thing you buy in an online store as consumer - Amazon
2. B2B: Business to Business _ A business selling its goods to an other business by using internet - Alibaba.
3.C2B: Consumer to Business _ Individuals selling goods and services to companies by using internet - Upwork.
4.C2C: Consumer to Consumer _ Connects consumers to exchange services and goods - Craigslist and ebay (early days).
There are four models of E-commerce
1. B2C: Business to Consumer _ Any thing you buy in an online store as consumer - Amazon
2. B2B: Business to Business _ A business selling its goods to an other business by using internet - Alibaba.
3.C2B: Consumer to Business _ Individuals selling goods and services to companies by using internet - Upwork.
4.C2C: Consumer to Consumer _ Connects consumers to exchange services and goods - Craigslist and ebay (early days).
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